Business Standard

Pratham EPC Projects Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

36.00 cr

Price Range (₹)

75

Lot Size

1600

Min Investment (₹)

1,20,000.00

Listing Exchange

NSE - SME

Open Date

11-Mar-2024

Close Date

13-Mar-2024

Listing Date

18-Mar-2024

Pratham EPC Projects Ltd News

    The Shares of Pratham EPC Projects Ltd have now been listed.

    Pratham EPC Projects Ltd IPO Details

    Initial public issue of 4800000 equity shares of face value of Rs. 10/- each of Pratham EPC Projects Limited (PEPL or the Company or the Issuer) for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share (the Issue Price) aggregating to Rs. 36.00 crores (The Issue), of which 240000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 1.80 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 4560000 equity shares of face value of Rs. 10/- each at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 34.20 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.03% and 25.68%, respectively, of the post issue paid up equity share capital of the company. the face value of the equity shares is Rs. 10/- each. Price Band: Rs. 75 per equity share of face value of Rs. 10 each.The floor price is 7.5 times of the face value.Bid can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.

    Objective of issue

    Purchase of Machinery. To Meet Working Capital Requirements. General Corporate Purposes.

    Pratham EPC Projects Ltd Contact Details

    Pratham EPC Projects Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@prathamepc.com

    Website - www.prathamepc.com